[UNO] Unobtanium Info & Discussion - Merge Mine w/BTC! - Update NOW to qt 0.11.5

[FallingKnife]

Something is definitely wrong with my graph. Trying to figure it out now.

Apparently there was a change to the reward structure or something? Anyone know the details on that? My inflation numbers from Unobtanium.uno just aren't matching up with the current coin total.

Also, does the next reward halve at block 700,000 or 702,000?

700k.  And every 100k after that until the minimum reward is reached.

[natmccoy]

Ah, that was my problem. Thought the first block halving occurred at 102,000. This should be more accurate.

[FallingKnife]

Cool chart! I copied it over to CCT, with credits to you. Hope you don't mind.

Happy halloween everyone.

[BitcoinNational]

http://btcs-voter.com/
block chain voting
looks interesting
... still i'm 2 dumb to get it just yet ...
ELI5

Anyone can do this with any coin. In most basic terms one votes by spending coins to a address generated for a poll question.

Still fuzzy on who gets to vote and how many votes do they get?
If you take the tech as is ... then there needs to be some kind of nationalizing for coin communities ... where members register an account and can get votes equal to the value of their holdings (some mature rules need to be formulated ex. coins must be held in static for +60days) ... or a straight 1 'vetted' account '1 vote' democratic rules.  

Now the software seems to be up-date-able to anycoin.  So yeah this tech is out there.  With the combination of tools like this and maybe 2.0 ETH/EXP contracts ... moving UNO towards a solid functional DAO is very possible and could be a road mapped goal to accomplish before we turn 3 years old.  

In the meantime ... just watch what the other guys are doing ... UNO community is already a very fun & functional loose-ly organized DAO ... whatever we got it works so don't monkey with yet

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Check it out friends, AltQuick.co has added TONS of new currencies!

https://bitcointalk.org/index.php?topic=425154.20;topicseen

pay attention to the AltQuick / bitQuick / Shapeshift / Holy alliance
if my read is right this means buy/sell options via bank transfer
and the more stable and strong that the UNO markets become the greater the incentive for them to help with the liquidity /volatility  


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https://www.litebit.eu/register/en/

why only china ... EURO banking options / paypal (shapeshift of europe?)
 

[RDDRocket]

@NatMccoy: Thanks for throwing all the numbers together. It gets very rare soon. Would have been nice to be an early miner. Don't know why I never mined the first couple cycles.

Looks like we're getting a slight bit of interest on the markets.

[BitcoinCharlie]

Looks like we're getting a slight bit of interest on the markets.

The more places we become a base pair, the more interest / necessity $UNO will have.

IMO, I don't see it as a currency to be spent, it has more of a utilitarian purpose of storing value...

[natmccoy]

Yep, market action! I don't think we're going to see the 0.003's. I'm trying to gather another few tons in the 0.004 range.

I did tier 1 verification on Cryptsy (just name and address) so I can withdraw $2,000 a day.  

[RDDRocket]

Yep, market action! I don't think we're going to see the 0.003's. I'm trying to gather another few tons in the 0.004 range.

I did tier 1 verification on Cryptsy (just name and address) so I can withdraw $2,000 a day.  

Unfortunately, I did go ahead and do that too. Oh well. Not doing tier 2 though, but I needed tier 1 to even help pull UNO from Cryptsy. lol

[bigtimespaghetti]

Yep, market action! I don't think we're going to see the 0.003's. I'm trying to gather another few tons in the 0.004 range.

I did tier 1 verification on Cryptsy (just name and address) so I can withdraw $2,000 a day.  

Unfortunately, I did go ahead and do that too. Oh well. Not doing tier 2 though, but I needed tier 1 to even help pull UNO from Cryptsy. lol

You had trouble pulling UNO from cryptsy? My withdrawals were all pretty fast accept the btc ones.

[Gekko463]

Looks like we're getting a slight bit of interest on the markets.

It is amazing how Working Mac wallets and a price point half of what I last dumped it at makes the markets "interesting" again, n'est pas?"

[FallingKnife]

Indeed. Like many alts, Uno hasn't held up well against a torrid Bitcoin market, but versus USD, it's been relatively steady the past 60-90 days in that $1.50-$1.40/un range.



Uno price in USD, from Coingecko.com

[BitcoinNational]

update: math

current era: UNcycle08
Block Reward: 0.015625
Blocks: 685,200
1562.5 kg to be produced (85.2% completed)

reward by next eras /block
UNcycle09 r= .0078
UNcycle10 r= .0039
UNcycle11 r= .0019
UNcycle12 r= .00097
UNcycle13 r= .00048
UNcycle14 r= .00024
UNcycle15 r= .00012
UNcycle16 r= .00010  ... sustain production until the great-great-great-grandkids are old [0.0001/block = 51M blocks of sustainability]

kilogram production / era
UNcycle09 r= 781 kg
UNcycle10 r= 390 kg
UNcycle11 r= 190 kg
UNcycle12 r= 97 kg
UNcycle13 r= 48 kg
UNcycle14 r= 24 kg
UNcycle15 r= 12 kg
UNcycle16 r = 17.532 kg/year  (about 170 years to hit 250 ton mark around year 2195 A.D.)


*NOTE McCoy's graph uses Era01-Era17, I used Era00-Era16, cus the first cycle was short/launch and only minted 2 coins  

[natmccoy]

It's looking like UNO may go live on Yobit tomorrow (hopefully).

[FallingKnife]

Chainz explorer gives us a new way to visualize the UNO wallets.

[BitcoinNational]

data is beautiful!
look at all those lovely itty bitty dots

"such small community" they say .... LOL!
checkout coins like RUBY ... trying to hit $2M and was just recently worth less than UNO ... last i looked it was under 1800 total addresses.

NOTE: the gif is only the top 1000 ... uno has in all 13306 funded accounts

[RDDRocket]

I like looking at the bubble chart. Been reading a bunch of crypto news, here's an interesting article, although I don't agree with it of course.

http://bitcoinhivemind.com/blog/chance-of-success/

Been having difficulties checking out and syncing Monero. Interesting concepts. Bitcoin has gone wild today, huh?

[natmccoy]

Hashrate: 1.33 PH/s

Halving in 30.2 days.

32-42 Nodes (It says 32 connections but when you add up the country totals it equals 42, anyone know what the difference is?)

We may get a 6th exchange tomorrow (including Altquick. 7th if you include shapeshift. 8th if you include the other practically dead exchange we're on).


That bubble chart looks nice! When you quickly press the + or - to adjust which addresses it shows it swirls very nicely  

It really illustrates how big the Cryptsy wallet is too, it's been consistently shrinking but we can do more! The large Cryptsy sell order at 0.007 dropped to around 0.0053 if anyone wants to eat it, sells of similar size at 0.0053 on Bittrex as well.

[natmccoy]

"such small community" they say .... LOL!
checkout coins like RUBY ... trying to hit $2M and was just recently worth less than UNO ... last i looked it was under 1800 total addresses.

RUBY is at $2.8M now. It's a shame it's not available for margin trading on poloniex or I would short it massively, up 2,000% in 2 months.

[BitcoinNational]

here's an interesting article, although I don't agree with it of course.
http://bitcoinhivemind.com/blog/chance-of-success/

http://bitcoinhivemind.com

1 min reading brief:

1. future event determined contracts, aka 'bets', aka derivatives.
2. some new wikipedia where edits either (cost you money or make you money)
3. bitcoin

combine all 3

so it is a cool idea if you ignore the assumption that BTC is the only form of digital money, it looks like any crypto asset can be assigned as settlement in the concept this one project just deals in BTC.


=========

speaking of shorting or futures
yeah RUBY is in a classical to hot for reality up tick

the above 'hivemind' differs very little in concept from ETH or EXP ... the benefit with these 2.0 are that the 'protocol code' is embedded in the blockchain and not some 'wiki' server

it is wise to keep abreast with the 2.0 sector, because UNO is an excellent type of token to act as the 'locked-in' escrow asset  

==========

"Bitcoin has gone wild today"

yes it has gone a bit looney ... +$100M ... my favorite stat of the day was seeing stellar trade volume shrink to nearly nothing compared to the field it ranks with ... why?  Because it is an asset 96% controlled by a classic corporate structure (likely has +$1M payroll expense also) ... the numbers telegraph that they are responsible for most of the volume and when BTC is up they can not afford to float their BTC in wash trades less someone take it off the table ... so it looks like they just dryout the market and halt their normal routine.

right now btc is up 30% 7days ... and UNO is tagging along up 23% ... my guess is that once this very long run of green weeks is topped off you'll see a jump into the reserve/low inflation assets ... so BTC up UNO up ... BTC down UNO up ... not bad  

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7 exchanges trading UNO ... ... i'm already looking to see if the UNO base pair market might expand out too ... say to a reputable fiat exchange in Asia or Brazil or Argentina or we make one in NZ

[RDDRocket]

here's an interesting article, although I don't agree with it of course.
http://bitcoinhivemind.com/blog/chance-of-success/

http://bitcoinhivemind.com

1 min reading brief:

1. future event determined contracts, aka 'bets', aka derivatives.
2. some new wikipedia where edits either (cost you money or make you money)
3. bitcoin

combine all 3

so it is a cool idea if you ignore the assumption that BTC is the only form of digital money, it looks like any crypto asset can be assigned as settlement in the concept this one project just deals in BTC.


=========

speaking of shorting or futures
yeah RUBY is in a classical to hot for reality up tick

the above 'hivemind' differs very little in concept from ETH or EXP ... the benefit with these 2.0 are that the 'protocol code' is embedded in the blockchain and not some 'wiki' server

it is wise to keep abreast with the 2.0 sector, because UNO is an excellent type of token to act as the 'locked-in' escrow asset  

==========

"Bitcoin has gone wild today"

yes it has gone a bit looney ... +$100M ... my favorite stat of the day was seeing stellar trade volume shrink to nearly nothing compared to the field it ranks with ... why?  Because it is an asset 96% controlled by a classic corporate structure (likely has +$1M payroll expense also) ... the numbers telegraph that they are responsible for most of the volume and when BTC is up they can not afford to float their BTC in wash trades less someone take it off the table ... so it looks like they just dryout the market and halt their normal routine.

right now btc is up 30% 7days ... and UNO is tagging along up 23% ... my guess is that once this very long run of green weeks is topped off you'll see a jump into the reserve/low inflation assets ... so BTC up UNO up ... BTC down UNO up ... not bad  

==========
7 exchanges trading UNO ... ... i'm already looking to see if the UNO base pair market might expand out too ... say to a reputable fiat exchange in Asia or Brazil or Argentina or we make one in NZ

@BitcoinNational; Yeah, I don't care for the actual Bitcoin Hivemind project, I meant it's interesting that they would put themselves at 42% survival rate to make it through "Bitcoin 2.0" phases, yet the guy says that all "other altcoins" have a .01% chance of survival. If anything, I'd give his Hivemind project maybe a percentage to survive. Not that he isn't a smart guy, but he seems to think he did it first because he started work on it long ago or some crock.

I know this is off topic, but I really haven't been having the best luck with syncing a full node for XMR(Monero) I bootstrapped the blockchain, and then there are still ~130 days behind left to sync. Every time I try to let it sync the daemon eventually becomes non-responsive and I've still not had access to my 2 coins I bought. Other than that, it looks like a great thing, overall.